MERGER (Tables)

12 Months Ended

Dec. 31, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

SCHEDULE OF ALLOCATION OF PURCHASE PRICE

(Dollars in thousands)	October 7, 2024
Cash and cash equivalents	$	167
Restricted cash		91
Mortgage loans held for sale, net, at fair value		7,242
Interest rate lock commitment derivative		124
Prepaid expenses and other current assets		89
Goodwill		33,310
Intangible assets		4,950
Right-of-use assets		1,406
Property and equipment, net		15,345
Equity method investment		75
Other assets, net		127
Warehouse line of credit		(7,067	)
Accounts payable		(1,614	)
Accrued liabilities		(713	)
Current portion of notes payable and accrued interest, net of discount		(3,671	)
Lease liabilities, net of current portion		(1,603	)
Other noncurrent liabilities		(37	)
	$	48,221

SCHEDULE OF BUSINESS ACQUISITION, PRO FORMA FINANCIAL INFORMATION

The following unaudited pro forma consolidated results of operations for the years ended December 31, 2024 and 2023 assume that the acquisition of Beeline was completed on January 1, 2023 and exclude the Craft C+P business operations that has been classified as discontinued operations:

(Dollars in thousands)	2024			2023
Pro forma net revenues	$	7,581		$	7,581
Pro forma net losses	$	(16,165	)	$	(18,435	)
Pro forma basic and diluted net loss per share	$	(69.08	)	$	(169.13	)